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Why are manufacturers' new orders, nondefense capital goods, an appropriate leading indicator? Explain why is the index of industrial production an appropriate coincident indicator? Why is the average prime rate charged by banks an appropriate lagging indicator?
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
Besides elections and campaigns, do the major political parties influence public values and ideas.
Two firms are located on the line and sell identical products. Consumers obtain K utility from consuming a product; assume that K is large enough that all consumers purchase from at least one of the firms despite the costs of transportation.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
Find a current article about one or more of the macro variables for a nation of your choosing, such as GDP, employment, inflation, or international trade.
If my preferences are such to I am indifferent among apples also mangoes but I prefer mangoes to cantaloupe then draw my highest indifference curve.
Suppose the MPC is an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion.
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
Analyze how a bartender would know which the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
What is the short-run equilibrium price. What is the short-run equilibrium market quantity.
Listing different orderings and coalitions is not going to work for this problem because there are too many possibilities, excluding you can use different tools which we have discussed in class.
If it wants to accomplish this change in the money supply using open-market operations, what should it do.
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